TATACOMM trade ideas
Tata Communication | Breakouts or Fakeouts ? ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏FLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
TATACOMM - Breakout Candidate?CMP: 1835
Base Breakout seen in shorter TF.
But on Daily TF, price is at the 200DEMA. A decisive breakout above 1850 could provide thrust on the short term.
Previous price pattern suggests that either the price move directly from here OR one more low to test the rising trendline at the bottom. Currently in watchlist, awaiting confirmation.
I reiterate, my views could only give a different perspective. Please dont trade F&O based on my views.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
TATA COMMUNICATION 1HRSWING TRADE
- EARN WITH ME DAILY 10K-20K –
TATA COMMUNICATION Looking good for upside..
When it break level 2141 and sustain.. it will go upside...
BUY@ 2141
Target
1st 2158
2nd 2198
FNO
TATACOMM OCT FUT – LOT 5 (Qty-2500)
TATACOMM OCT 51600 CE – LOT 1 (Qty-500) – PRICE (112.10)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
Like this Post??? Hit like button..!!!
Follow me for FREE Educational Post and Alert..
TATA COMMUNICATIONS-lomg for 10 % price above all moving averages
18 >50>100>200 day EMA while price bouncing from 200 day EMA
MACD positive crossover likely
target and SL marked
Tata Comm - BullishSeems like stocks healthy correction till Fib 0.5 has been completed
1970-80 looks good support to bounce from
View changes below 1960
So risk reward is excellent
Wait for at least 1 proper bullish signal candle in LTF (30Mins) before entry
TATACOMM WILL IT BREAKOUT OR WILL IT STILL CONSOLIDATE ?Tata Communications Ltd. an interesting chart in consolidation to keep on radar
1. RSI on all time frames (D/W/M) above 60
2. Narrowing Bollinger Bands on Weekly chart
3. Price can breakout of 15 month's long consolidation
4. ABCD pattern under formation on weekly chart
WILL IT CONTINUE TO CONSOLIDATE OR
WILL IT BREAKOUT
LETS SEE HOW IT EVOLVES.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
TATACOMM - Cup and Handle - Breakout - DailyName - TATACOMM
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Good
Cmp - 2021
Target - 2419
SL - 2006
Always welcome for any comments with your feedback or give it a like if you find it useful.
Inverted flag breakoutProper breakout and retested, price will fall in upcoming days. This is for educational purposes only.
TATA communications - retest at demand zoneboth major and minor pitchforks showing the least resistance path of price is to go up.
1880 to 1900 appears to be a minor resistance
bullish price action is valid even if bars go along lower line of minor pitch fork.
but expecting a good bullish bar soon towards minor resistance
price closing below the lower line of minor pitch fork - SL can be taken
Tata Communications LtdHi,
Price break the resistance area now at the retest zone. resistance become support . its possible chance that price move up side target at marked
previous swing low is Stop loss
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
TATA COMMUNICATION TAKES SUPPORT Stock Name - TATA COMMUNCATION
-------------------------------
TF - WEEKLY
PRICE - 1713.9
EXPECTED TARGET - Chart
REASON - Takes support on 50 EMA, and also takes support at previous support level.
#Tatacomm cash : At Parallel channel support#Tatacomm cash - Positional call
22.04.2024
Looks good above 1760.10
Stoploss 1660
Target 1880/2040
Cmp 1723
Tata Communication BullishBuy at 1750-1760
Target - 1948
Stop Loss - 1723/1720
Tata Communication has taken a 200 EMA support and as per Fino accident & 50 EMA the Target is as above
Note: This is not a recommendation
TATA COMMUNICATION - ABCD TGT 1940-2160 Tata Communications Ltd. is another interesting chart with following
1. RSI above 60 on daily and monthly time frame
2. Narrowing Bollinger Bands on Weekly Chart
3. High Trade and Delivery Quantity
4. Ascending Triangle Breakout on daily chart
5. Price Walking on upper Bollinger Bands on daily chart
6. ABCD Pattern under formation on weekly chart
Can be a Good risk reward to buy on dips and dips only with resistance near 1940 - 2030-2160 levels respevtively
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
TATACOMM - triple bottom confirmation?NSE:TATACOMM - looks like we have a confirmation of triple bottom today - SL is defined. Book profit as per capacity.
Price trying to break aboveTata communications is taking support at 1670 range.
It is trying to break above the trend line.
High volumes from two sessions.
If volumes support and price sustains above the trend line this should give an nice up % move.
Check similar setup in Vaibhav Global, V guard etc.
I took trade earlier anticipating breakout but SL hit, GTT closed the trade.
I do not have any capital to take trade now. Just watch and learn for now.
Long_TATACOMMTATACOMM is triangle break-out done... retest done
Entry: 1825
Target: 2008
SL: 1746
My Views are purely Educational, do not consider it a trade advice.
Flag + Symmetrical Triangle Pattern Brakout Looking Strong
📈 Tata Communication
✅Trend support from lower levels
✅ Engulfing candle + rise in volume
✅ 50 ema breakout
✅Ready to break symmetrical triangle pattern+ flag
TATACOMM | Swing Trade📊 DETAILS
Sector: Telecommunications Services
Mkt Cap: 52,226 cr
Tata Communications was incorporated on March 19, 1986 as VSNL. In February 2002, the Government of India, as per their disinvestments plan, sold 25% of their holding in the company to the strategic partner. Consequently, the company was taken over under the administrative control of TATA. It is the leading global digital ecosystem enabler. It has a leadership position in emerging markets, and an infrastructure that spans the globe. It delivers managed solutions to multinational companies and service providers. It partners with 300 of the Fortune 500 companies with their state-of the-art solutions, including a wide range of communication, collaboration, cloud, mobility, connected solutions, network and data center services.
TTM PE : 53.66 (High PE)
Sector PE : 77.82
Beta : 0.98
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
7.25% away from 52 week high
Outperformer - Tata Communications up by 4.47% v/s NIFTY 50 up by 2.55% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
